The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those with no programming expertise, and comes with many features that can help you take your trading to the highest step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy, and then determine how many trades that the strategy opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful method to boost a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that can help you make the most of the trading strategies you employ.